Grant Thornton TaxPod – November 2021

About TaxPod

The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents and clarifications almost daily. This has made it challenging for corporate professionals to stay abreast of relevant developments. The aim of the TaxPod series is to keep you updated with key tax and regulatory developments of the past month in around 5 minutes. Please do provide your feedback to us about this edition of the taxpod at nto@in.gt.com.

What’s new

• Government notifies e-Settlement Scheme 2021 for electronically disposing settlement applications
• Annual Information Statement is now available on the compliance portal of the Income-tax e-filing website
• Supreme Court sets aside Delhi High Court’s order allowing petitioner to rectify GSTR-3B for claiming input tax credit

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